Founded from the HDI V.a.G. (mutual insurance company) in 1996, Talanx AG is a multi-brand insurance and financial services group based in Hanover, Germany. It is Germany's third-largest and one of the major European insurance groups by premium income. The company operates through a decentralized, multi-brand strategy with core brands including HDI, Hannover Re, Ampega, CiV Life, and TU Europa. Its primary business segments are Industrial Lines, Retail Germany, Retail International, and Reinsurance, providing a wide range of insurance products and services to both private and corporate clients globally.